A sixth person has been charged in connection with a money laundering syndicate that allegedly used a south west Sydney security business as a front to launder $100 million over three to four years.
Assure Protection Services in Guildford was raided by the NSW Criminal Groups Squad in July last year, after alleged money laundering offences were uncovered.
Police then alleged the security firm was a semi-legitimate business, offering services to retail, industrial and commercial industries, however its primary function was to “act as a front” for the money laundering operation.
Four men and a woman have already been charged in connection with the business. All five people remain before the courts.